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Rights Regarding Capital Contributions Sample Clauses

Rights Regarding Capital Contributions. (A) No Member shall be entitled to interest on any Capital Contribution, and no Member shall have the right to withdraw or to demand the return of all or any part of its Capital Contribution, except as specifically provided in this Agreement. (B) Under circumstances requiring a return of any Capital Contribution, no Member shall have the right to receive property, other than cash, except as may be specifically provided herein. (C) No Member shall have personal liability for the repayment of the Capital Contribution of any Member or any obligation to make loans or advances to the Company, including restoration of a deficit Capital Account as provided in Section 3.6.
Rights Regarding Capital Contributions. A Defaulting Member shall not be entitled to interest on any Capital Contribution, nor shall it have the right to demand the return of all or any part of its Capital Contribution.
Rights Regarding Capital Contributions. (a) No Unit Holder shall be entitled to interest on any Capital Contribution, and no Unit Holder shall have the right to withdraw or to demand the return of all or any part of its Capital Contribution, except as specifically provided in this Agreement. (b) Except for the Capital Contributions expressly required to purchase Units from the Company, no Unit Holder shall be required to make additional Capital Contributions. (c) Under circumstances requiring a return of any Capital Contribution, no Unit Holder shall have the right to receive property, other than cash, except as may be specifically provided herein. (d) No Unit Holder shall have personal liability for the repayment of the Capital Contribution of any Unit Holder or any obligation to make loans to the Company or any obligation to make Capital Contributions to the Company (including for this purpose any obligation to restore a deficit Capital Account), except as expressly required by the terms of this Agreement.

Related to Rights Regarding Capital Contributions

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions:

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.